XAUUSD recently surpassed the 2666 level, reaching up to 2676.5 before facing a strong rejection. As the new trading day begins, careful to observe how the Asian markets influence gold's movement.
Here are some important levels that I am watching:
2624 - 2632 - 2646 - 2656 - 2666 - 2676 -2688.
Todays gameplan
XAUUSD :
If the gold price holds above 2666, I would consider a BUY. Set the Stop Loss at 2662 and aim for the First Take Profit target at 2676, with the Second Take Profit target at 2689.
If the gold price breaks below 2655, I would consider a SELL. Set the Stop Loss at 2660 and aim for the First Take Profit target at 2645, with the Second Take Profit target at 2632.
Here are some important levels that I am watching:
2624 - 2632 - 2646 - 2656 - 2666 - 2676 -2688.
Todays gameplan
XAUUSD :If the gold price holds above 2666, I would consider a BUY. Set the Stop Loss at 2662 and aim for the First Take Profit target at 2676, with the Second Take Profit target at 2689.
If the gold price breaks below 2655, I would consider a SELL. Set the Stop Loss at 2660 and aim for the First Take Profit target at 2645, with the Second Take Profit target at 2632.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.